10 smart ways to avoid investments fraud



  • fraudAlways Deal with certified financial planner.
  • Always check the identity card of the person to whom you’re dealing with. Check the company name & date of validity of the card.
  • Do not blindly trust any one even if you know him / her from several years. Always ask for official brochure of the product you’re dealing with & see everything written there.
  • Always use your own pen while filling application form and/or cheques. The era of frauds using invisible ink of agents has just begun.
  • Always write application no., your name, mobile phone no. at the back of the cheque. If you’re giving renewal premium cheque, write your policy no. also.
  • Ask for official illustration of the insurance product or fact sheet of mutual fund before investing.
  • Ask your advisor to show the comparison with other competitive products. You may like some feature of other product which your advisor does not like.
  • Note down the your agent / distributor full contact details before submitting application forms like full name, license no., branch address & phone no., residential address & phone no. – mobile phone & landline, email address etc.
  • Always put the date below your signature, where ever you sign.
  • When you get your policy bond / statement of account, check all the details 
    like your name, contact details, nominee name & other things. Go through all the documents. Pay attention to the charges portion carefully. The company gives photocopy of your filled application form along with your signed official illustration with policy bond.
  • Check for renewal date & payment frequency carefully in your policy bond. It has come to notice that several agents had taken the cheque from customers for yearly mode or half-yearly mode & has submitted the documents on monthly mode.



10 smart ways to avoid investments fraud
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This is the unofficial website of Indian Post office schemes which shows official schemes of Indian Post Office e.g., Public Provident Fund (PPF), RD, MIS, Kisan Vikas Patra, NSC, Time Deposits, Savings account, Senior Citizens Savings Scheme etc.

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